In a recent communiqué, the UAE’s Securities and Commodities Authority (SCA) reiterated its aim of introducing credit rating regulations as part of UAE’s vision of having a well-developed, investment-conducive and resilient financial system.
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Dubai lender Emirates NBD posts flat Q3 net profit
“Both Dubai and Emirates NBD are well placed to deal with the regional challenges stemming from a lower oil price environment,” said Mr Nelson. Emirates NBD is banking on more digital programmes, with an increased focus on online and mobile banking services.
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A statement by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs on GITEX Technology Week 2016
The e-Dirham is now considered as one of the federal government’s most innovative initiatives in the financial sector. The UAE Gate for Government Finance Statistics Reports is also considered as a leading e-system to build a consolidated financial …
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Saudi set to become top tech investor with $100 billion fund
DUBAI: Saudi Arabia and Japan’s SoftBank Group will create … who joined the Japanese firm in 2014 from Fortress Investment Group, a private equity and hedge fund group. PIF will engage its own team. Saudi Arabia’s Deputy Crown Prince Mohammed bin …
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Saudi Arabia, SoftBank aim to be world's No. 1 tech investor with $100 billion fund
DUBAI/TOKYO (Reuters) – Saudi Arabia and Japan’s SoftBank … who joined the Japanese firm in 2014 from Fortress Investment Group, a private equity and hedge fund group. PIF will engage its own team. INVESTMENT POWER Saudi Arabia’s Deputy Crown Prince …
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Goldman Sachs vindicated but bruised in court battle with Libyan fund
In the first two years of its life, the LIA invested heavily in alternatives such as private equity, hedge funds and mezzanine debt … alleged that Kabbaj flew Haitem Zarti from Morocco to Dubai at Goldman Sachs’ expense, paid for accommodation at …
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SoftBank Names Rajeev Misra As Head Of $100 Billion Tech Fund
Dubai/Tokyo: Saudi Arabia and Japan’s SoftBank Group will … who joined the Japanese firm in 2014 from Fortress Investment Group, a private equity and hedge fund group. Saudi Arabia’s top sovereign wealth fund, the Public Investment Fund (PIF), will …
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Goldman Sachs won a 2.5-year legal battle with a Libyan fund — but it got bruised along the way
In the first two years of its life, the LIA invested heavily in alternatives such as private equity, hedge funds and mezzanine debt … alleged that Kabbaj flew Haitem Zarti from Morocco to Dubai at Goldman Sachs’ expense, paid for accommodation at …
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Limited price upside seen in oil prices as Vienna outcome eyed
Dubai: Amid the positive momentum … of a significant increase in prices from current levels,” said Vaqar Zuberi, Head of Research — Hedge Funds/Portfolio Manager — Multi Manager Funds at Mirabaud Asset Management.
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SME profile: Old soldiers operate from the comfort of Al Maryah Island
He had all along kept in contact with former lieutenant commander Leedham, who by now was making a name for himself in the Dubai financial scene as the chief executive of Dalma Capital, one of the few hedge funds in the UAE, based in the Dubai …
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For How Long Can OPEC Talk Up Oil Prices?
And nothing feeds speculators like OPEC. As Upadhyay wrote, “Though most analysts agreed that a production freeze was not going to alter the fundamentals, prices rose sharply, with the hedge funds adding record long positions,” as evidenced by the …
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